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Child tax credit expansion: Who gets the money if it passes? – The Hill

(news nation) — Millions of families stand to benefit from changes to the federal child tax credit included in bipartisan bill I passed in front of the House of Representatives last week.. Low-income households, especially those with multiple children, will be helped the most. The majority of households with incomes below $21,000 would receive tax […]

Black Americans find most joy in family, friends and faith: Pew – The Hill

A new study from the Pew Research Center finds that most black American adults derive their greatest joy in life from family, friends, and faith. Black Americans enjoy those things, regardless of their income level. But wealthy black Americans are more likely than poor black adults to say they enjoy these things. According to the […]

Drug price negotiations underway | The Hill

While an offer is an important part of the negotiation process, it is only the first step. The government sent price justifications to companies along with offers. However, H.H.S. Details not disclosed Until a final offer is agreed by September. PhRMA, the industry’s powerful lobby group, said: The public will have no information to understand […]

Big Tech faces brutal question on Capitol Hill over content harming kids

Top leadership at big tech companies on Wednesday faced tough questions from senators on both sides of the aisle over the future of industry regulation related to combating online child sexual exploitation. The CEOs of Meta, TikTok, X, Snap, and Discord testified Wednesday at a Senate Judiciary Committee hearing. The hearing centered on the question […]

Big Tech CEOs head to Capitol Hill

Ahead of Wednesday’s hearing, several social media companies announced the following: new initiatives We aim to protect children online. meta, Parent company of Facebook and Instagramannounced the framework for the bill earlier this month, requiring app stores to verify the age of users and require parental approval for downloads by teenagers. Also on Monday, it […]

Ex-IRS consultant sentenced to 5 years in prison for leaked tax returns – The Hill

A former IRS consultant was sentenced Monday to five years in prison for leaking tax information about “thousands of the nation’s wealthiest individuals” to the media from 2018 to 2020. Charles Littlejohn, 38, pleaded guilty in October to one count of fraudulent disclosure of tax returns and tax return information after reaching a plea deal […]